A hand stacking wooden blocks with climate related imagery on them. Nineteen participants from around the world make up the founding group of insurers and reinsurers in the FIT.
Photo: narawit/Adobe Stock

The Net Zero Insurance Alliance (NZIA), a global coalition that formed with the intention of helping the insurance sector curb greenhouse gas emissions, has disbanded and restructured after criticism of its ESG initiatives by Republican officials in the United States. This decision comes after at least seven members of the NZIA – including Swiss Re, Munich Re, Zurich Insurance and Hannover Re – left the group last year.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].

Weather Risk
Agent & Broker
Property & Casualty